Sunday, September 2, 2012

Bain's Connection to Government Pension Funds

Bain Capital, founded by Mitt Romney, has received significant amounts of its capital from government-worker pension funds.

According to NyPo, Preqin uses public documents, news accounts and Freedom of Information requests to track private-equity holdings. Since 2000, Preqin reports, the following funds have entrusted some $1.56 billion to Bain: